News
Securities Class Action Settlements Held Steady in 2020 Despite Pandemic
Securities class action settlements for 2020 generally kept pace with recent years despite the pandemic, according to a recent report from Cornerstone Research. The report, "Securities Class Action ...
Executives On The Move at AXIS and Aspen
AXIS Insurance hired two underwriters to its Global Cyber and Technology team. Aspen Insurance Holdings named a new Non- Executive Director to its board. *** AXIS Insurance hired two underwriters to ...
Claims Management InsurTech Snapsheet Raises $30 Million
Snapsheet, a claims management platform InsurTech, raised $30 million in new financing that will help further build out its cloud-based system and meet customer demand that has surged in the wake of ...
Generali Increases Bid for Aviva’s Polish Arm
Italian insurer Generali has nudged up its bid for Aviva's Polish arm, valuing the business at almost 2.5 billion euros ($3 billion), in a last-ditch effort to prevail over Dutch insurer NN, two ...
Recapping 2020’s Insurance Numbers and What They Mean for 2021
The most recent tallies of financial results by rating agency analysts reveal that the property/casualty insurance industry weathered the storms of catastrophe losses and COVID, with one segment ...
Lloyd’s of London Brokers Could Trade Pinstripes for Pajamas After Pandemic
When the pandemic is over, the brokers of Lloyd's of London could haggle with underwriters from home in their underpants, and ditch their pinstripes at the office. A trade body representing brokers ...
Pie Insurance Raises $118M From Allianz and More
Pie Insurance has pulled in $118 million in new funding, with the workers compensation provider attracting financing from Allianz and others. Executives at the Denver-based InsurTech will use the ...
The Latest Launches From Lloyd’s, Amwins and Kin
Lloyd's launched a parametric earthquake insurance policy in New Zealand. Amwins Specialty Logistics Underwriters is expanding into the Canadian market to serve Canada's growing logistics industry. ...